Form990-PF
Click to see attachment

Department of the Treasury
Internal Revenue Service
Return of Private Foundation
or Section 4947(a)(1) Nonexempt Charitable Trust
Treated as a Private Foundation
Note. The foundation may be able to use a copy of this return to satisfy state reporting requirements.
OMB No. 1545-0052
2012
Open to Public Inspection
For calendar year 2012, or tax year beginning 01-01-2012 , and ending 12-31-2012
Name of foundation
Comer Science & Education Foundation
co Lawrence Richman

Number and street (or P.O. box number if mail is not delivered to street address)Two North LaSalle Street   Room/suite
City or town, state, and ZIP code
Chicago, IL60602
A Employer identification number

36-4244783
B Telephone number (see instructions)

(312) 269-8070
C bullet
G Check all that apply:

D 1. bullet
2. bullet
H Check type of organization:
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$129,049,033J Accounting method:
 
(Part I, column (d) must be on cash basis.)
E bullet
F bullet
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 1,285,257
2 Check bullet
3 Interest on savings and temporary cash investments 1,234 1,234  
4 Dividends and interest from securities...... 418,367 417,805  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 5,785
b Gross sales price for all assets on line 6a 45,494
7 Capital gain net income (from Part IV, line 2)... 5,785
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold.... 15,625
c Gross profit or (loss) (attach schedule)..... -15,625  
11 Other income (attach schedule)....... Click to see attachment 2,633,222 20,825  
12 Total. Add lines 1 through 11........ 4,328,240 445,649  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 43,756     43,756
14 Other employee salaries and wages...... 1,120,327     1,183,327
15 Pension plans, employee benefits....... 148,068     132,745
16a Legal fees (attach schedule)......... Click to see attachment 165,405     127,028
b Accounting fees (attach schedule)....... Click to see attachment 77,667 19,417   67,610
c Other professional fees (attach schedule).... Click to see attachment 3,893     4,625
17 Interest............... 731,972     731,972
18 Taxes (attach schedule) (see instructions) Click to see attachment 81,910 16   94,624
19 Depreciation (attach schedule) and depletion... Click to see attachment 1,814,034    
20 Occupancy..............        
21 Travel, conferences, and meetings....... 54,147     54,610
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see list of attachments 4,520,007 4,514   4,585,927
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 8,761,186 23,947   7,026,224
25 Contributions, gifts, grants paid........ 810,278 1,237,596
26 Total expenses and disbursements. Add lines 24 and 25 9,571,464 23,947   8,263,820
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -5,243,224
b Net investment income (if negative, enter -0-) 421,702
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2012)
Form 990-PF (2012)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............... 35,479 75,147 75,147
2 Savings and temporary cash investments.......... 2,959,413 1,381,904 1,381,904
3 Accounts receivable bullet820,484
Less: allowance for doubtful accounts bullet   755,139 820,484 820,484
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable................. 230,498 281,175 281,175
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see page 15 of the
instructions)....................      
7 Other notes and loans receivable (attach schedule) bullet8,781,672
Less: allowance for doubtful accounts bullet   8,374,570 Click to see attachment8,781,672 8,781,672
8 Inventories for sale or use............... 2,734,182 2,718,145 2,718,145
9 Prepaid expenses and deferred charges........... 76,372 81,750 81,750
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)........ 146,800 Click to see attachment172,301 172,301
c Investments—corporate bonds (attach schedule)........      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)...........      
14 Land, buildings, and equipment: basis bullet67,287,635
Less: accumulated depreciation (attach schedule) bullet9,675,131 59,198,742 Click to see attachment57,612,504 57,612,504
15 Other assets (describe bullet) Click to see attachment60,373,947 Click to see attachment57,123,951 Click to see attachment57,123,951
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 134,885,142 129,049,033 129,049,033
Liabilities 17 Accounts payable and accrued expenses.......... 1,121,081 1,017,945
18 Grants payable................... 5,299,318 4,735,049
19 Deferred revenue.................. 39,383 91,699
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)...... 21,070,000 Click to see attachment21,070,000
22 Other liabilities (describe bullet) Click to see attachment7,100,000 Click to see attachment7,100,000
23 Total liabilities (add lines 17 through 22).......... 34,629,782 34,014,693
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................... 40,565,713 38,554,003
25 Temporarily restricted................ 59,689,647 56,480,337
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds.........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see page 17 of the
instructions).................... 100,255,360 95,034,340
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 134,885,142 129,049,033
Part III Analysis of Changes in Net Assets or Fund Balances
1 Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree
with end-of-year figure reported on prior year’s return)............... 1 100,255,360
2 Enter amount from Part I, line 27a..................... 2 -5,243,224
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 22,204
4 Add lines 1, 2, and 3.......................... 4 95,034,340
5 Decreases not included in line 2 (itemize) bullet 5  
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 95,034,340
Form 990-PF (2012)
Form 990-PF (2012)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.) 		(b) How acquired
P—Purchase
D—Donation 		(c) Date acquired
(mo., day, yr.) 		(d) Date sold
(mo., day, yr.)
1a
b
c
d
e
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69 		(k) Excess of col. (i)
over col. (j), if any
a
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 5,785
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 . . . . . . . . . . . . . . . . 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If “Yes,” the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see page 18 of the instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2011 10,428,911 7,442,239 1.40131
2010 10,015,090 8,281,700 1.20930
2009 9,556,494 8,848,918 1.07996
2008 28,613,318 6,683,849 4.28096
2007 13,379,141 8,729,885 1.53257
2 Total of line 1, column (d) ...................... 2 9.50411
3 Average distribution ratio for the 5-year base period—divide the total on line 2 by 5, or by
the number of years the foundation has been in existence if less than 5 years. . . 		3 1.90082
4 Enter the net value of noncharitable-use assets for 2012 from Part X, line 5..... 4 1,804,823
5 Multiply line 4 by line 3....................... 5 3,430,647
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 4,217
7 Add lines 5 and 6......................... 7 3,434,864
8 Enter qualifying distributions from Part XII, line 4.............. 8 8,263,820
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See
the Part VI instructions.
Form 990-PF (2012)
Form 990-PF (2012)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)
1a Bulletand enter “N/A” on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 4,217
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2............................ 3 4,217
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-). 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 4,217
6 Credits/Payments:
a 2012 estimated tax payments and 2011 overpayment credited to 2012 6a 21,367
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868) 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 21,367
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 17,150
11 Enter the amount of line 10 to be: Credited to 2013 estimated taxBullet17,150 Refunded Bullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of
the instructions for definition)?............................
1b
 
No
If the answer is “Yes” to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If “Yes,” attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If “Yes,” attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If “Yes,” has it filed a tax return on Form 990-T for this year?...................
4b
 
No
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If “Yes,” attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If “Yes,” complete Part II, col. (c), and Part XV.
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletIL
    b
    If the answer is “Yes” to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If “No,” attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2012 or the taxable year beginning in 2012 (see instructions for Part XIV)?
    If “Yes,” complete Part XIV.............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If “Yes,” attach a schedule listing their names and addresses.
    10
     
    No
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletVicki Kalnins Telephone no.bullet (262) 798-5080
    Located atbullet20875 Crossroads Circle 100WaukeshaWI ZIP+4bullet531864093
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16
    At any time during calendar year 2012, did the foundation have an interest in or a signature or other authority over
    a bank, securities, or other financial account in a foreign country? .................
    16
     
    No
    See instructions for exceptions and filing requirements for Form TD F 90-22.1. If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 5
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the “Yes” column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?.........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check “No”
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is “Yes” to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see page 20 of the instructions)?...
    1b
     
    No
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2012?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2012, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2012?...............
    If “Yes,” list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer “No” and attach statement—see instructions.) ..............
    2b
     
    No
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?.........................
    b
    If “Yes,” did it have excess business holdings in 2012 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2012.)....................
    3b
     
    No
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2012?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 509(a)(1), (2), or (3), or section 4940(d)(2)? (see instructions)........
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    If any answer is “Yes” to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
    No
    .........bullet
    c
    If the answer is “Yes” to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?............
    If “Yes,” attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?........................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If “Yes” to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
    No
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 6
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to
    employee benefit plans
    and deferred compensation     		(e) Expense account,
    other allowances
    Vicki Kalnins Treasurer
    0.00     		0    
    20875 Crossroads Circle 100
    Waukesha,WI53186
    Stephanie Comer Vice President
    0.00     		0    
    20875 Crossroads Circle 100
    Waukesha,WI53186
    Guy Comer President
    20.00     		43,756 18,099  
    20875 Crossroads Circle 100
    Waukesha,WI53186
    William T Schleicher Jr Secretary
    0.00     		0    
    20875 Crossroads Circle 100
    Waukesha,WI53186
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE.”
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    Alex Blackstock Grant Manager
    40.00     		65,848 11,332  
    20875 Crossroads Circle 100
    Waukesha,WI53186
    Karen Schrombeck Manager
    40.00     		69,100 13,203  
    20875 Crossroads Circle 100
    Waukesha,WI53186
    Noelle Samuels Senior Program Dir
    40.00     		96,402 4,984  
    20875 Crossroads Circle 100
    Waukesha,WI53186
    Alex Requena IT Manager
    40.00     		96,604 18,940  
    20875 Crossroads Circle 100
    Waukesha,WI53186
    Gregory Mooney Exec Director
    40.00     		187,017 17,287  
    20875 Crossroads Circle 100
    Waukesha,WI53186
    Total number of other employees paid over $50,000...................bullet 8
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    Revere Properties Facility Maintenance LLC Building Services 317,799
    7420 South Woodlawn
    Chicago,IL60619
    Neal Gerber & Eisenberg Legal 89,487
    28987 Network Place
    Chicago,IL60601
    Christy Webber Landscapes Landscaping Services 112,919
    2900 W Ferdinand
    Chicago,IL60612
    Diverse Facility Solutions Building Services 249,619
    6140 South Central Ave
    Chicago,IL60638
    Norcon Inc Building Services 417,198
    661 West Ohio Street
    Chicago,IL60654
    Total number of others receiving over $50,000 for professional services.............bullet5
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 7
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See page 24 of the instructions.
    3  
    Total. Add lines 1 through 3..........................bullet  
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    162,449
    b
    Average of monthly cash balances.......................
    1b
    1,669,859
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    1,832,308
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    1,832,308
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see
    instructions) .............................
    4
    27,485
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    1,804,823
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    90,241
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    90,241
    2a
    Tax on investment income for 2012 from Part VI, line 5......
    2a
    4,217
    b
    Income tax for 2012. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    4,217
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    86,024
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    12,305
    5
    Add lines 3 and 4............................
    5
    98,329
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,
    line 1................................
    7
    98,329
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    8,263,820
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    8,263,820
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see instructions).................
    5
    4,217
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    8,259,603
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 8
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2011     		(c)
    2011     		(d)
    2012
    1 Distributable amount for 2012 from Part XI, line 7 98,329
    2 Undistributed income, if any, as of the end of 2012:
    a Enter amount for 2011 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2012:
    a From 2007....... 12,993,089
    b From 2008....... 28,282,211
    c From 2009....... 9,045,224
    d From 2010....... 8,764,778
    e From 2011....... 10,065,110
    fTotal of lines 3a through e......... 69,150,412
    4Qualifying distributions for 2012 from Part
    XII, line 4: bullet$ 8,263,820
    a Applied to 2011, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions)......     		 
    c Treated as distributions out of corpus (Election
    required—see instructions).........     		0
    d Applied to 2012 distributable amount..... 98,329
    e Remaining amount distributed out of corpus 8,165,491
    5 Excess distributions carryover applied to 2012.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 77,315,903
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2011. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2012. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2013 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (see
    instructions) .............     		 
    8Excess distributions carryover from 2007 not
    applied on line 5 or line 7 (see instructions) ...     		12,993,089
    9Excess distributions carryover to 2013.
    Subtract lines 7 and 8 from line 6a ......     		64,322,814
    10 Analysis of line 9:
    a Excess from 2008.... 28,282,211
    b Excess from 2009.... 9,045,224
    c Excess from 2010.... 8,764,778
    d Excess from 2011.... 10,065,110
    e Excess from 2012.... 8,165,491
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 9
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2012, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2012 (b) 2011 (c) 2010 (d) 2009
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ....     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets” alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment” alternative test— enter 2⁄3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support” alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 10
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    Public Building Commission of Chica
    Richard J Daley Center Room 200
    Chicago,IL60602     		n/a Public General Support 393,600
    South Oakwood Brookhaven Neighborho
    7228 S Dobson Ave
    Chicago,IL60619     		n/a Public General Support 1,000
    Chicago Family Health Center
    9119 S Exchange Avenue
    Chicago,IL60617     		n/a Public General Support 3,700
    USF Foundation
    4202 East Fowler Avenue ALC100
    Tampa,FL33620     		n/a Public General Support 1,500
    Umoja Student Development Corporati
    2935 W Polk Street Rm 116
    Chicago,IL60612     		n/a Public General Support 1,500
    California Institute of Technology
    1200 E California Blvd MC 201-15
    Pasadena,CA91125     		n/a Public General Support 15,000
    The Latin School of Chicago
    59 W North Blvd
    Chicago,IL60610     		n/a Public General Support 50,000
    New Trier Tyro Society
    PO Box 133
    Winnetka,IL60093     		n/a Public General Support 1,200
    Free Spirit Media
    1615 S Christina
    Chicago,IL60623     		n/a Public General Support 7,017
    Make Miracles Grow Foundation
    20875 Crossroads Circle Suite 100
    Waukesha,WI53186     		n/a Public General Support 141,530
    Noble Network of Charter Schools
    1 North State Street 7-Lower
    Chicago,IL60602     		n/a Public General Support 150,000
    Medill School of Journalism
    1845 Sheridan Road
    Evanston,IL60208     		n/a Public General Support 186,000
    Teach for America
    820 N Orleans St Suite 320
    Chicago,IL60610     		n/a Public General Support 5,000
    Ladder Up
    PO Box 061110
    Chicago,IL60606     		n/a Public General Support 5,000
    The CARA Program
    703 West Monroe Street
    Chicago,IL60661     		n/a Public General Support 5,000
    South Shore Drill Team
    7200 S Ingleside
    Chicago,IL60619     		n/a Public General Support 242,500
    Paul Revere High School Scholarship
    1010 E 72nd Street
    Chicago,IL60619     		n/a Public General Support 3,550
    Paul Revere Elementary School
    1010 E 72nd Street
    Chicago,IL60619     		n/a Public General Support 6,701
    Lamont-Doherty Earth Observatory
    61 Route 9W PO Box 1000
    Palisades,NY10964     		n/a Public General Support 152,297
    Goodcity
    5049 W Harrison
    Chicago,IL60644     		n/a Public General Support 2,500
    Total .................................bullet 3a 1,374,595
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 11
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3Interest on savings and temporary cash investments     14 1,234  
    4 Dividends and interest from securities....     14 418,367  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......         750,000
    bNot debt-financed property.....     16 20,825 50,400
    6Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8Gain or (loss) from sales of assets other than inventory     18 5,785  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..         -15,625
    11 Other revenue: aUtility-Property Tax Ref         12,305
    bMembership Dues         9,002
    cChange in Beneficial Int     14 1,790,690  
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   2,236,901 806,082
    13Total. Add line 12, columns (b), (d), and (e)..................
    133,042,983
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    11C Refunds were received for overpayment of utility and property tax payments.
    11B Membership Dues are collected by students and adults who participate in the programming provided by Gary Comer Youth Center. This is a nominal fee.
    10 Revere Community Housing Development, LLC ("RCHD") was established to support Revere Way, a comprehensive revitalization project designed to improve and stabilize the Grand Crossing neighborhood in Chicago. The project includes development of new, affordable homes. RCHD sells the newly built homes to qualified low income individuals for no profit.
    5b Rental income received from Noble Network of Charter Schools ("NNCS"), a college preparatory charter school. NNCS established a high school campus and leased property owned by Gary Comer College Prep, a wholly owned subsidiary of Comer Science and Education Foundation ("CSEF") and the adjacent Youth Center, owned by Gary Comer Youth Center, LLC, also a wholly owned subsidiary of CSEF. By leasing this property to NNCS it furthers the mission of providing innovative programs in urban education.
    5a Rental income received from Noble Network of Charter Schools ("NNCS"), a college preparatory charter school. NNCS established a high school campus and leased property owned by Gary Comer College Prep, a wholly owned subsidiary of Comer Science and Education Foundation ("CSEF") and the adjacent Youth Center, owned by Gary Comer Youth Center, LLC, also a wholly owned subsidiary of CSEF. By leasing this property to NNCS it furthers the mission of providing innovative programs in urban education.
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 12
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section
    Yes
    No
    501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is “Yes,” complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If “Yes,” complete the following schedule.
    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer or fiduciary) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's namebullet



    Firm's addressbullet







         		Firm's EINbullet
    Phone no.
    Form 990-PF (2012)
    Additional Data


    Software ID: 12000229
    Software Version: 2012v2.0


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors
    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    OMB No. 1545-0047
    2012
    Name of the organization
    Comer Science & Education Foundation
    co Lawrence Richman
    Employer identification number

    36-4244783
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ





    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......................... Arrow Bullet   $    
    Caution. An organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2 of its Form 990; or check the box on line H of its
    Form 990-EZ or on Part I, line 2 of its Form 990-PF, to certify that it does not meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2012)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2012)
    Page 2
    Name of organization
    Comer Science & Education Foundation
    co Lawrence Richman         		Employer identification number

    36-4244783
    Part I
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    		     
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    16
     
     

    Howard E Jessen    
    777 Bluff Road
       
    Lake Bluff, IL   60044

    		$11,000


    (Complete Part II if there is a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    15
     
     

    Noble Network of Charter Schools    
    1 North State Street
       
    Chicago, IL   60602

    		$15,000


    (Complete Part II if there is a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    14
     
     

    James G Berbee    
    3534 Lake Mendota Dr
       
    Madison, WI   53705

    		$10,000


    (Complete Part II if there is a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    13
     
     

    McDougal Family Foundation    
    400 N Michigan Ave Ste 300
       
    Chicago, IL   60611

    		$75,801


    (Complete Part II if there is a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    12
     
     

    Department of Family Support Svc    
    1615 West Chicago Ave
       
    Chicago, IL   60622

    		$165,806


    (Complete Part II if there is a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    11
     
     

    Illinois State Board of Education    
    100 North First Street
       
    Springfield, IL   62777

    		$256,855


    (Complete Part II if there is a noncash contribution.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2012)
    Name of organization
    Comer Science & Education Foundation
    co Lawrence Richman         		Employer identification number

    36-4244783
    Part I
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    		     
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    10
     
     

    Forum    
    200 E 75th Street
       
    Chicago, IL   60619

    		$16,333


    (Complete Part II if there is a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    9
     
     

    University of Illinois at Chicago    
    1737 West Polk Street
       
    Chicago, IL   60612

    		$14,750


    (Complete Part II if there is a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    8
     
     

    Access Community Health Network    
    222 N Canal Street
       
    Chicago, IL   60606

    		$7,850


    (Complete Part II if there is a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    7
     
     

    State Farm Mutual Auto Insurance Co    
    3 State Farm Plaza
       
    Bloomington, IL   61791

    		$7,500


    (Complete Part II if there is a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    6
     
     

    State of Illinois Dept of Human Svc    
    815 E Monroe St
       
    Springfield, IL   62701

    		$250,969


    (Complete Part II if there is a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    5
     
     

    United States Department of Educ    
    1990 K St NW
       
    Washington, DC   20006

    		$203,765


    (Complete Part II if there is a noncash contribution.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2012)
    Name of organization
    Comer Science & Education Foundation
    co Lawrence Richman         		Employer identification number

    36-4244783
    Part I
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    		     
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    4
     
     

    Illinois Department of Commerce    
    500 E Monroe St
       
    Springfield, IL   62701

    		$15,147


    (Complete Part II if there is a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    3
     
     

    After School Matters    
    66 East Randolph Street
       
    Chicago, IL   60601

    		$47,497


    (Complete Part II if there is a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
     
     

    UBS AG    
    PO Box 120312
       
    Stamford, CT   06912

    		$15,000


    (Complete Part II if there is a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
     
     

    The Chicago Community Trust    
    111 E Wacker Drive Ste 1400
       
    Chicago, IL   60601

    		$122,454


    (Complete Part II if there is a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

         
     
       

    		$  


    (Complete Part II if there is a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

         
     
       

    		$  


    (Complete Part II if there is a noncash contribution.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2012)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2012)
    Page 3
    Name of organization
    Comer Science & Education Foundation
    co Lawrence Richman         		Employer identification number

    36-4244783
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    		     
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2012)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2012)
    Page 4
    Name of organization
    Comer Science & Education Foundation
    co Lawrence Richman         		Employer identification number

    36-4244783
    Part III
    Exclusively religious, charitable, etc., individual contributions to section 501(c)(7), (8), or (10) organizations
    that total more than $1,000 for the year. Complete columns (a) through (e) and the following line entry.
    For organizations completing Part III, enter the total of exclusively religious, charitable, etc.,
    contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2012)

    Additional Data


    Software ID: 12000229
    Software Version: 2012v2.0

    TY 2012 AccountingFeesSchedule
    Name:
    Comer Science & Education Foundation
    co Lawrence Richman
    EIN: 36-4244783
    Software ID:12000229
    Software Version:2012v2.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Accounting 77,667 19,417 0 67,610

    TY 2012 ContractorCompensationExpln
    Name:
    Comer Science & Education Foundation
    co Lawrence Richman
    EIN: 36-4244783
    Software ID:12000229
    Software Version:2012v2.0
    Contractor Explanation
    Revere Properties Facility Maintenance LLC  
    Norcon Inc  
    Neal Gerber & Eisenberg  
    Diverse Facility Solutions  
    Christy Webber Landscapes  

    TY 2012 InvestmentsCorpStockSchedule
    Name:
    Comer Science & Education Foundation
    co Lawrence Richman
    EIN: 36-4244783
    Software ID:12000229
    Software Version:2012v2.0
    Name of Stock End of Year Book Value End of Year Fair Market Value
    95 SH Crown Castle Intl 6,855 6,855
    44 SH Praxair Inc 4,816 4,816
    126 SH Xilinx Inc 4,518 4,518
    17 SH Salesforce Com Inc 2,858 2,858
    175 SH Qualcomm Inc 10,825 10,825
    109 SH Oracle Corp 3,632 3,632
    128 SH Netapp Inc 4,294 4,294
    10 SH Mastercard Inc 4,913 4,913
    16 SH Google Inc 11,318 11,318
    28 SH Equinix Inc 5,774 5,774
    28 SH Apple 14,901 14,901
    300 Activision Blizzard Inc 3,186 3,186
    40 SH Honeywell International Inc 2,539 2,539
    62 SH Vertex Pharmaceuticals 2,598 2,598
    62 SH Teva Pharmaceutical Inds 2,315 2,315
    77 SH Abbott Laboratories 5,044 5,044
    54 SH Northern Tr Corp 2,709 2,709
    63 SH CME Group 3,192 3,192
    278 CBRE Group 5,532 5,532
    125 SH American Tower Corporation 9,659 9,659
    97 SH American Express Co 5,576 5,576
    121 SH Schlumberger LTD 8,385 8,385
    80 SH Halliburton Co 2,775 2,775
    64 SH Procter & Gamble Co 4,345 4,345
    56 SH Pepsico 3,832 3,832
    62 SH Costco Whsl Corp 6,121 6,121
    75 SH Avon Prods Inc 1,077 1,077
    68 SH Urban Outfitters Inc 2,676 2,676
    3 SH Priceline Com Inc 1,861 1,861
    31 SH Pvh Corp 3,441 3,441
    120 SH Nike Inc 6,192 6,192
    93 SH Marriot International 3,466 3,466
    42 SH Las Vegas Sands Corp 1,939 1,939
    58 SH Dollar Gen Corp 2,557 2,557
    12 SH Chipotle Mexican Grill 3,570 3,570
    12 SH Amazon.com Inc Com 3,010 3,010

    TY 2012 LandEtcSchedule2
    Name:
    Comer Science & Education Foundation
    co Lawrence Richman
    EIN: 36-4244783
    Software ID:12000229
    Software Version:2012v2.0
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    Miscellaneous 536,810 527,081 9,729 9,729
    Land 9,756,698   9,756,698 9,756,698
    Improvements 2,212,230 458,474 1,753,756 1,753,756
    Buildings 52,295,498 6,823,055 45,472,443 45,472,443
    Machinery and Equipment 1,087,829 731,305 356,524 356,524
    Furniture and Fixtures 1,366,027 1,118,294 247,733 247,733
    Auto./Transportation Equip. 32,543 16,922 15,621 15,621


    TY 2012 LegalFeesSchedule
    Name:
    Comer Science & Education Foundation
    co Lawrence Richman
    EIN: 36-4244783
    Software ID:12000229
    Software Version:2012v2.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Legal 165,405 0 0 127,028


    TY 2012 MortgagesAndNotesPayableSch 
    Name:
    Comer Science & Education Foundation
    co Lawrence Richman
    EIN: 36-4244783
    Software ID:12000229
    Software Version:2012v2.0
    Total Mortgage Amount: 21070000

    Item No. 1
    Lender's Name CDF Suballocatee V LLC
    Lender's Title  
    Relationship to Insider  
    Original Amount of Loan  
    Balance Due 6026450
    Date of Note  
    Maturity Date  
    Repayment Terms  
    Interest Rate  
    Security Provided by Borrower  
    Purpose of Loan  
    Description of Lender Consideration  
    Consideration FMV  

    Item No. 2
    Lender's Name CDF Suballocatee V LLC
    Lender's Title  
    Relationship to Insider  
    Original Amount of Loan  
    Balance Due 7099100
    Date of Note  
    Maturity Date  
    Repayment Terms  
    Interest Rate  
    Security Provided by Borrower  
    Purpose of Loan  
    Description of Lender Consideration  
    Consideration FMV  

    Item No. 3
    Lender's Name CDF Suballocatee V LLC
    Lender's Title  
    Relationship to Insider  
    Original Amount of Loan  
    Balance Due 7944450
    Date of Note  
    Maturity Date  
    Repayment Terms  
    Interest Rate  
    Security Provided by Borrower  
    Purpose of Loan  
    Description of Lender Consideration  
    Consideration FMV  


    TY 2012 OtherAssetsSchedule
    Name:
    Comer Science & Education Foundation
    co Lawrence Richman
    EIN: 36-4244783
    Software ID:12000229
    Software Version:2012v2.0
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    Net Intangible Assets 181,482 140,392 140,392
    Fee Reserve Account 488,761 503,222 503,222
    Beneficial Interest in Charitable Lead 59,689,647 56,480,337 56,480,337


    TY 2012 OtherExpensesSchedule
    Name:
    Comer Science & Education Foundation
    co Lawrence Richman
    EIN: 36-4244783
    Software ID:12000229
    Software Version:2012v2.0
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Waste Removal 1,076     1,076
    Utilities 210,871     212,240
    Telephone Expense 65,652     77,992
    Security 14,640     14,640
    Repairs & Maintenance 532,054     500,716
    Rental Expenses 2,610     2,895
    Recruiting and Hiring 12,400     12,400
    Program Expenses 2,315,933     2,330,486
    Postage & Delivery 4,939     1,808
    Payroll Expense 12,626     12,626
    Other Job Costs 887     12,359
    Office Supplies 31,603     33,669
    Miscellaneous Expense 36,365     54,333
    Meetings & Seminars 5,338     5,338
    Meals & Entertainment 11,663     10,228
    Management fees 86,000     86,000
    Licenses 1,677     1,677
    Janitorial 638     638
    Investment Fees 1,014 1,014    
    Internet Expense 3,624     3,624
    Insurance Expense 125,555     130,537
    Incentives 100     100
    Filing Fees 3,174     3,174
    Facilities Management 621,678     663,990
    Custody Fees 3,500 3,500    
    Consulting Expense 229,081     232,254
    Computer Expense 76,370     113,282
    Bank Fees 1,514     1,514
    Amortization 41,090      
    Advertising & Marketing 66,335     66,331


    TY 2012 OtherIncomeSchedule2
    Name:
    Comer Science & Education Foundation
    co Lawrence Richman
    EIN: 36-4244783
    Software ID:12000229
    Software Version:2012v2.0
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    Utility-Property Tax Ref 12,305    
    Rental Income - Noninvestment Property 821,225 20,825  
    Membership Dues 9,002    
    Change in Beneficial Int 1,790,690    


    TY 2012 OtherIncreasesSchedule
    Name:
    Comer Science & Education Foundation
    co Lawrence Richman
    EIN: 36-4244783
    Software ID:12000229
    Software Version:2012v2.0
    Description Amount
    Prior period adjustment 2


    TY 2012 OtherLiabilitiesSchedule
    Name:
    Comer Science & Education Foundation
    co Lawrence Richman
    EIN: 36-4244783
    Software ID:12000229
    Software Version:2012v2.0
    Description Beginning of Year - Book Value End of Year - Book Value
    Due to Charitable Lead Trust 7,100,000 7,100,000


    TY 2012 OtherNotesLoansRcvblShortSch2
    Name:
    Comer Science & Education Foundation
    co Lawrence Richman
    EIN: 36-4244783
    Software ID:12000229
    Software Version:2012v2.0
    Name of 501(c)(3) Organization Balance Due
    MHNU Corporation
          		426,951
    GCYC Inc
          		12,356
    Noble Network
          		34,594
    MHNU Corporation
          		30,972
    Redi 7256 LLC
          		210,000
    TNT- Comer College Prep LLC
          		8,066,799


    TY 2012 OtherProfessionalFeesSchedule
    Name:
    Comer Science & Education Foundation
    co Lawrence Richman
    EIN: 36-4244783
    Software ID:12000229
    Software Version:2012v2.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Professional fees 3,893 0 0 4,625


    TY 2012 TaxesSchedule
    Name:
    Comer Science & Education Foundation
    co Lawrence Richman
    EIN: 36-4244783
    Software ID:12000229
    Software Version:2012v2.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Real Estate Taxes 81,879     94,624
    Foreign Taxes 16 16    
    Federal Foundation 15